Citigroup Warns Bond Traders of Easing Cycle Risks

Citigroup warns bond traders to approach the Federal Reserve’s anticipated easing cycle with caution

Citigroup Inc, a leading global bank, is urging bond traders to not become complacent as the Federal Reserve prepares for a series of interest rate cuts. While the Fed is expected to initiate rate cuts as soon as June, Citigroup is drawing attention to the risks associated with these moves, citing parallels with the brief easing cycle of 1998.